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Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
- High TPC levels! Dark, degraded oil found in popular fast food chain: Study explains its impact on your healthA recent food safety scare has put the spotlight on reused cooking oil risks after a KFC outlet in Kondapur, Hyderabad was reportedly found...
- Forget the noise: These 54 smallcap stocks attracted FII buying in March quarterForeign institutional investors are strategically buying into beaten-down smallcap stocks in India, increasing stakes in 54 companies despi...
- Ghaziabad vigilantes pressure KFC, Nazeer to halt non-veg food in Vasundhara during Kanwar YatraIn Ghaziabad's Vasundhara, a vigilante group pressured two restaurants, including a KFC, to serve only vegetarian food during the Kanwar Ya...
- Is the iconic Kentucky Fried Chicken or KFC struggling to stay in business?The biggest fried chicken venture in the entire world is reportedly facing major administrative and logistic issues in trying to stay in th...
- KFC Malaysia temporarily shutters outlets citing challenging economyMalaysia, a majority-Muslim country, is a staunch supporter of the Palestinians, and some Western fast-food brands in the country, as in so...
- Fundamental Radar: Why Sapphire Foods is a bet worth taking in QSR space? Sandeep Raina explainsIf one looks at its 5-year performance, then Sapphire Foods’ revenue has grown from Rs 957 crore in FY18 to Rs 2,266 crore in FY23 at a CAG...
- Pizza Hut operator raises Rs 1,150 crore from PE fundsPrivate equity investors led by Creador, NewQuest Capital Partners and TR Capital have invested ₹1,150 crore ($150 million) for about 30% s...
- QSR chains to step up drive-throughs as consumers opt for social distancing & convenienceAs consumers stay away from eating out amid fears of spiralling coronavirus cases in India, quick-service-restaurants such as McDonald’s, K...
- KFC India to sell 61 more stores to Jaipuria-owned Devyani InternationalNational Restaurant Association of India estimated the food service industry at Rs 4.2 lakh crore in 2018-19, and forecast to grow 9% by 20...
- Devyani International to invest Rs 1,000 crore ahead of IPO; ropes in former KFC India MD ShindeThe company has hired former KFC India managing director Rahul Shinde as executive director, as it looks to accelerate presence in a sector...
- CCI clears acquisition of Yum! India operations by PE firmsCCI has approved the proposed acquisition of some franchise operations of Yum! India by a consortium of investors led by Samara Capital.
- US icons McDonald’s, KFC and Pizza Hut doing big business in KochiIt’s most evident in Kochi, the most cosmopolitan city in the state, where fast-food majors McDonald’s, KFC and Pizza Hut are doing sizzlin...
- Yum! Restaurants India to invest upto $120 million to double outletsYum! Restaurants India, part of Yum! Brands Inc that owns KFC and Pizza Hut restaurants, said it will invest up to $ 120 mn to double its o...
- McDonald's India ready to open first vegetarian-only outlet in Vaishno DeviIn 1996, when McDonald's entered India for the first time, it did the unthinkable-- eschew its trademark beef burgers.
- Court summons to top KFC executive quashedA magisterial court summons to top Indian executive of an US multinational firm, owning popular KFC and Pizza Hut outlets, to answer charge...
- Yum! to invest $100mn to triple number of restaurants in IndiaYum! Restaurants India, the operator of the Pizza Hut, KFC and Taco Bell restaurant chains said it will invest $100 mn to more than treble ...
- Anup Jain joins Yum! as marketing head of Pizza HutAnup Jain has joined Yum! Restaurants as the new director, marketing for fast food restaurant chain Pizza Hut for the Indian subcontinent.
- Yum! plans to bring in Taco BellYum! Restaurants owns five brands -All American Food, KFC, Pizza Hut, Long John Silver and Taco Bell.
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